BSFI Subsidiary definition

BSFI Subsidiary means any corporation, 10% or more of the capital stock of which is owned, either directly or indirectly, by BSFI, Oswego County National Bank or Xxxx’x Agency, Inc., a New York corporation, except any corporation the stock of which is held in the ordinary course of the lending activities of Oswego County National Bank.
Sample 1

Examples of BSFI Subsidiary in a sentence

  • The solar BLDC pump scheme was also discontinued owing to low enthusiasm and hesitation on part of the farmers.

  • Towards the end of December 2002, 26 coun- tries (22 in Africa and four in Latin America) had qualified to receive relief amounting to more thanB.

  • This right is covered separately, and permission must be obtained from the owners of any music recording you will capture during your stream.

  • In accordance with Regulation 41 of the Uncertificated Securities Regulations 2001, members shall only be entitled to attend and vote at the meeting in respect of the number of ordinary shares registered in their name on the Register of Members of the Company as at close of business on 19 September 2017 or, in the case of an adjournment of the meeting, close of business on the day which is two working days before the day of such adjourned meeting.

  • BSFI shall use its commercially reasonable efforts, and shall cause each BSFI Subsidiary to use its commercially reasonable efforts, to obtain as soon as practicable all consents and approvals of any other persons necessary for the consummation of the transactions contemplated by this Agreement.

  • Neither BSFI nor any BSFI Subsidiary, nor, to the Knowledge of BSFI and each BSFI Subsidiary, any other party thereto, is in breach of any of its obligations under any such agreement or arrangement.

  • BSFI will promptly notify AFC of any significant change in the ordinary course of its business or in the operation of its properties and, to the extent permitted by applicable law, of any governmental complaints, investigations or hearings (or communications indicating that the same may be contemplated), or the institution or the threat of material litigation involving BSFI or any BSFI Subsidiary.

  • It is made of up of seven people: two County Supervisors, two special district members, two Council members and one public member.

  • Figure 19 displays the SSD for the case in which the administrator modifies a user’s personal account.

  • Neither BSFI nor any BSFI Subsidiary is under any obligation, contingent or otherwise, which will survive the Effective Time by reason of any agreement to register any transaction involving any of its securities under the Securities Act.

Related to BSFI Subsidiary

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Parent Subsidiary means any Subsidiary of Parent.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Bank Subsidiary means the subsidiary or subsidiaries or the Bank which may from time to time be specified by the Bank to the Customer;

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Company Subsidiary means a Subsidiary of the Company.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Domestic Subsidiary means any Subsidiary that is organized under the laws of the United States, any state thereof or the District of Columbia.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Material Restricted Subsidiary any Restricted Subsidiary other than one or more Restricted Subsidiaries designated by the Borrower that in the aggregate do not constitute Material Subsidiaries.

  • Major Subsidiary means a subsidiary of an issuer if

  • Material Non Listed Indian Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

  • Issuer Subsidiary means any subsidiary of the Issuer.